Funding arb · Price arb /

BRKB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Bybit against QFEX+0.404%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.404% dearer against QFEX than usual: you sell high and buy low, +$40 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX BRK.B-USD	502.96	0	get 0.0000% / 1h	9m 15s	$1.1M	$2.1M	10x
Short	Bybit BRKBUSDT	504.99	0	get 0.0000% / 8h	4h 09m	$99K	$41K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee BybitbpOrdersPrice spread, now +0.404%Rate

Funding earned: $0
Price spread: +0.404% → 0.000%: $40.36
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $19.36
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: QFEX: live order book, 6 min ago; Bybit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 6 min ago	1.59 bp	10.4 bp −$10	12.1 bp −$121	doesn't fit	doesn't fit
Sell Bybit no order-book sample	—	—	—	—	—

Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BRKB on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BRKBUSDT	0.0000%	8h	503.79	+0.166%	$297K	$30K	20x	as long as short
Bybit BRKBUSDTshort	0.0000%	8h	504.99	+0.404%	$99K	$41K	25x
QFEX BRK.B-USDlong	0.0000%	1h	502.96	long leg	$1.1M	$2.1M	10x
Gate BRKB_USDT	0.0000%	8h	504.60	+0.326%	$542K	$33K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	504.14	+0.235%	$1K	$1.0M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.17	+0.241%	$6K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.26	+0.258%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.16	+0.239%	$47K	$1.5M	20x	as long as short
Variational Omni BRKB	+0.0304%	8h	504.02	+0.211%	$426K	$20K	—	as long as short
Bitget BRKBUSDT	+0.0354%	8h	504.24	+0.254%	$396K	$61K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX BRKBUSDC	+0.0389%	4h	504.04	+0.215%	$26K	$246K	10x	as long as short
OKX BRKB-USDT-SWAP	+0.0425%	8h	504.31	+0.268%	$487K	$147K	20x	as long as short
Binance BRKBUSDT	+0.0491%	8h	504.14	+0.235%	$2.6M	$1.5M	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0835%	8h	504.08	+0.223%	$2K	$258K	10x	as long as short